Friday, 2 October 2009

CAMICO Criticized for Delay in Payment


Written by DAP NEWS -- Friday, 02 October 2009
(Post by CAAI News Media0

The Camico Insurance firm has come in for criticism over a delayed payout.

A 2003 Corolla belonging to Kang Sothun, a soldier stationed at Preah Vihear, who was involved in an accident in mid-September. The company agreed to pay for repairs amounting to US$650 but has yet to pay.

Kang Sothun suggested that US$2,000 would be a more appropriate sum.

“I would like to ask for … the Cambodian Ministry for the Comme- rce to please observe all services of the Insurance Companies, especially the CAMINCO Company,” he added.

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